Delivery Covenants Sample Clauses
A Delivery Covenants clause sets out the obligations and standards that a party must meet when delivering goods, services, or other deliverables under a contract. Typically, it specifies timelines, quality requirements, and any necessary documentation or procedures that must be followed during delivery. For example, it may require that products be delivered by a certain date, in a specified condition, and accompanied by relevant certificates. The core function of this clause is to ensure that both parties have clear expectations regarding delivery, reducing the risk of disputes and ensuring that contractual obligations are met as intended.
Delivery Covenants. Each Grantor will deliver and pledge to the Administrative Agent, for the ratable benefit of the Secured Parties, all Certificated Securities, Partnership/LLC Interests evidenced by a certificate, negotiable Documents, Instruments, and Tangible Chattel Paper owned or held by such Grantor, in each case, together with an Effective Endorsement and Assignment and all Supporting Obligations, as applicable, unless such delivery and pledge has been waived in writing by the Administrative Agent.
Delivery Covenants. Each Grantor will deliver and pledge to the Secured Party all Certificated Securities, Partnership/LLC Interests evidenced by a certificate, negotiable Documents, Instruments, and Tangible Chattel Paper owned or held by such Grantor, in each case, together with an Effective Endorsement and Assignment and all Supporting Obligations, as applicable, unless such delivery and pledge has been waived in writing by the Secured Party.
Delivery Covenants. Such Grantor will deliver and pledge to the Administrative Agent, for the ratable benefit of the Secured Parties, all Certificated Securities representing any Pledged Capital Stock or other Investment Property that is included as Collateral (other than those Certificated Securities evidencing Excluded Investment Property), or that are otherwise evidenced by a certificate, negotiable Documents, Instruments, and Tangible Chattel Paper owned or held by such Grantor, in each case, together with an Effective Endorsement and Assignment and all Supporting Obligations, as applicable, unless such delivery and pledge has been waived in writing by the Administrative Agent.
Delivery Covenants. Each Grantor will deliver and pledge to the Secured Party all Tangible Chattel Paper owned or held by such Grantor, in each case, together with an Effective Endorsement and Assignment and all supporting obligations, as applicable, unless such delivery and pledge has been waived in writing by the Secured Party.
Delivery Covenants. Each Grantor will deliver and pledge to the Collateral Agent, for the ratable benefit of the Secured Parties, all Certificated Securities, Partnership/LLC Interests evidenced by a certificate, negotiable Documents, Instruments, and Tangible Chattel Paper owned or held by such Grantor, in each case, together with an Effective Endorsement and Assignment and all Supporting Obligations, as applicable, unless such delivery and pledge has been waived in writing by the Collateral Agent.
Delivery Covenants. (a) To the extent constituting Collateral and subject to the time periods for delivery set forth in the Credit Agreement or elsewhere herein, such Grantor will deliver and pledge to the Administrative Agent, for the benefit of the Secured Parties, all of such Grantor’s (i) Certificated Securities and (ii) Partnership/LLC Interests evidenced by a certificate, together in each case with an Effective Endorsement and Assignment, in each case to the extent constituting Collateral.
(b) If at any time any of the Partnership/LLC Interests included in the Collateral (i) are dealt in or traded on a securities exchange or in securities markets, (ii) by their terms expressly provide that they are Securities governed by Article 8 of the UCC or (iii) are Investment Company Securities, the applicable Grantor shall notify the Administrative Agent and, upon the request of the Administrative Agent, use commercially reasonable efforts to certificate such Partnership/LLC Interests and deliver such certificates to the Administrative Agent, together with an Effective Endorsement and Assignment.
Delivery Covenants. Each Grantor will deliver and pledge to the Collateral Agent (or, prior to the Discharge of First Lien Obligations, to the First Lien Administrative Agent, acting as gratuitous bailee of the Collateral Agent), for the ratable benefit of itself and the other Secured Parties, to the extent such items constitute Collateral, all Certificated Securities, Partnership/LLC Interests evidenced by a certificate, negotiable Documents with respect to any Collateral which exceeds $500,000 in value, Instruments, and Tangible Chattel Paper owned or held by such Grantor, in each case, together with an Effective Endorsement and Assignment and all Supporting Obligations, as applicable, unless such delivery and pledge has been waived in writing by the Collateral Agent.
Delivery Covenants. Each Grantor will deliver and pledge to the Collateral Agent, for the ratable benefit of itself and the other Secured Parties, to the extent such items constitute Collateral, all Certificated Securities, Partnership/LLC Interests evidenced by a certificate, negotiable Documents with respect to any Collateral which exceeds $500,000 in value, Instruments, and Tangible Chattel Paper owned or held by such Grantor, in each case, together with an Effective Endorsement and Assignment and all Supporting Obligations, as applicable, unless such delivery and pledge has been waived in writing by the Collateral Agent.
Delivery Covenants. Such Grantor will deliver and pledge to the Administrative Agent, for the benefit of the Secured Parties, all (a) Certificated Securities (other than those Certificated Securities evidencing Specified Investment Property), (b) Partnership/LLC Interests evidenced by a certificate, (c) negotiable Documents having a face amount in excess of $250,000 individually, (d) Instruments having a face amount in excess of $250,000 individually, (e) Tangible Chattel Paper having a face amount in excess of $250,000 individually owned or held by such Grantor, in each case, together with an Effective Endorsement and Assignment and (f) Supporting Obligations, as applicable, unless, in each case, such delivery and pledge has been waived in writing by the Administrative Agent.
Delivery Covenants. Each Grantor will (i) deliver and pledge to the Lender, for the ratable benefit of itself and the Lender, (a) all Certificated Securities, and (b) all Partnership/LLC Interests evidenced by a certificate, in each case representing Collateral and owned or held by such Grantor, together with an Effective Endorsement and Assignment, and (ii) cause each Material Foreign Subsidiary that it has pledged Collateral in under the terms of this Agreement, to execute a counterpart signature page hereto as an Issuer.